Mark Murray - May 4, 2022 Form 4 Insider Report for JONES SODA CO (JSDA)

Role
Chief Executive Officer, Director
Signature
/s/ Joe Culp, Attorney-in-Fact for Mark F. Murray
Stock symbol
JSDA
Transactions as of
May 4, 2022
Transactions value $
$0
Form type
4
Date filed
5/19/2022, 05:10 PM
Previous filing
Mar 3, 2022
Next filing
Jun 2, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction JSDA Stock Option (Right to Buy) Award $0 +100K $0.00 100K May 4, 2022 Common Stock 100K $0.59 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options were originally granted on May 18, 2021, the vesting of which was contingent on the Issuer meeting or exceeding certain revenue and EBITDA targets for 2021.
F2 The options vested immediately upon the determination by the Issuer's board of directors on May 4, 2022 that certain financial results were achieved during the year ended December 31, 2021.